SBI Mutual Fund is a joint venture (JV) between India’s largest bank – the State Bank of India (SBI) and an international fund management company called Amundi. The AMC was set up in 1987 and has an AUM of Rs. 2.5 lakh crore ending September, 2018.

Equity Funds

An equity mutual fund is a fund which invests predominantly its assets in shares/stocks. The balance 0-35% can be invested in debt or money market securities. You can read more about equity funds here.

Trailing Returns of All Equity SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Return

3 Year Return

5 Year Return

SBI Banking & Financial Services Fund(G)

2.05%

17.38%

–

SBI BlueChip Fund(G)

-5.24%

7.93%

15.24%

SBI Consumption Opp Fund(G)

3.17%

13.03%

14.78%

SBI Contra Fund(G)

-10.74%

5.97%

12.91%

SBI ETF BSE 100

0.12%

10.45%

–

SBI Focused Equity Fund(G)

1.33%

10.14%

19.21%

SBI Gold(G)

6.46%

4.60%

-0.90%

SBI Healthcare Opp Fund(G)

-2.85%

-7.32%

11.32%

SBI Infrastructure Fund(G)

-16.16%

5.63%

13.19%

SBI Large & Midcap Fund(G)

-3.87%

9.21%

17.35%

SBI Magnum Comma Fund(G)

-16.50%

14.11%

13.92%

SBI Magnum Equity ESG Fund(G)

-1.25%

8.01%

13.21%

SBI Magnum Global Fund(G)

-2.87%

5.75%

18.84%

SBI Magnum Midcap Fund(G)

-15.37%

4.15%

20.03%

SBI Magnum Multicap Fund(G)

-7.37%

9.76%

18.16%

SBI Magnum Tax Gain’93(G)

-8.52%

5.60%

13.85%

SBI Nifty Index Fund(G)

1.12%

9.26%

10.61%

SBI PSU Fund(G)

-26.61%

3.52%

6.32%

SBI Small Cap Fund(G)

-7.47%

14.68%

29.67%

SBI Technology Opp Fund(G)

32.87%

9.27%

13.44%

SBI-ETF Gold

7.64%

4.73%

0.58%

SBI-ETF Nifty 50

1.87%

10.23%

–

SBI-ETF Nifty Bank

0.77%

13.68%

–

SBI-ETF Nifty Next 50

-9.61%

11.71%

–

SBI-ETF Sensex

4.81%

10.24%

11.72%

Rolling Returns of All Equity SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Rolling

3 Year Rolling

5 Year Rolling

SBI Banking & Financial Services Fund(G)

0.72%

19.18%

–

SBI BlueChip Fund(G)

-7.07%

8.63%

16.27%

SBI Consumption Opp Fund(G)

-0.42%

14.34%

16.54%

SBI Contra Fund(G)

-14.65%

6.70%

13.86%

SBI ETF BSE 100

0.15%

12.03%

–

SBI Focused Equity Fund(G)

-2.71%

11.46%

19.65%

SBI Gold(G)

6.34%

6.23%

-0.37%

SBI Healthcare Opp Fund(G)

-3.44%

-5.10%

12.58%

SBI Infrastructure Fund(G)

-17.78%

7.46%

15.33%

SBI Large & Midcap Fund(G)

-6.03%

10.24%

18.35%

SBI Magnum Comma Fund(G)

-15.85%

16.61%

15.83%

SBI Magnum Equity ESG Fund(G)

-1.84%

8.80%

14.47%

SBI Magnum Global Fund(G)

-7.39%

7.37%

19.43%

SBI Magnum Midcap Fund(G)

-18.35%

4.86%

20.16%

SBI Magnum Multicap Fund(G)

-7.61%

11.20%

19.58%

SBI Magnum Tax Gain’93(G)

-10.42%

6.79%

15.02%

SBI Nifty Index Fund(G)

1.86%

10.99%

12.16%

SBI PSU Fund(G)

-28.78%

3.97%

7.95%

SBI Small Cap Fund(G)

-12.23%

16.72%

32.62%

SBI Technology Opp Fund(G)

31.91%

10.70%

14.51%

SBI-ETF Gold

7.32%

6.75%

1.81%

SBI-ETF Nifty 50

2.61%

11.95%

–

SBI-ETF Nifty Bank

-1.13%

15.76%

–

SBI-ETF Nifty Next 50

-10.96%

13.24%

–

SBI-ETF Sensex

5.38%

12.13%

13.26%

5-Year Financial Ratios of All Equity SBI Mutual Fund Schemes

Mutual Fund Scheme

Sharpe Ratio (5Y)

Jensen’s Alpha (5Y)

Treynor Ratio (5Y)

Beta (5Y)

SBI Banking & Financial Services Fund(G)

–

–

–

–

SBI BlueChip Fund(G)

0.518

4.53%

0.075

0.89

SBI Consumption Opp Fund(G)

0.426

4.71%

0.082

0.76

SBI Contra Fund(G)

0.289

2.45%

0.044

0.98

SBI ETF BSE 100

–

–

–

–

SBI Focused Equity Fund(G)

0.752

8.59%

0.132

0.80

SBI Gold(G)

-0.781

-7.44%

0.348

-0.27

SBI Healthcare Opp Fund(G)

0.146

3.25%

0.074

0.37

SBI Infrastructure Fund(G)

0.233

3.10%

0.041

1.12

SBI Large & Midcap Fund(G)

0.618

6.49%

0.093

0.94

SBI Magnum Comma Fund(G)

0.292

3.73%

0.051

1.03

SBI Magnum Equity ESG Fund(G)

0.344

2.54%

0.048

0.96

SBI Magnum Global Fund(G)

0.726

8.47%

0.141

0.72

SBI Magnum Midcap Fund(G)

0.705

9.60%

0.136

0.84

SBI Magnum Multicap Fund(G)

0.664

7.19%

0.099

0.97

SBI Magnum Tax Gain’93(G)

0.364

3.17%

0.053

1.00

SBI Nifty Index Fund(G)

0.148

0.09%

0.020

1.00

SBI PSU Fund(G)

-0.114

-3.00%

-0.021

1.07

SBI Small Cap Fund(G)

1.088

18.93%

0.235

0.90

SBI Technology Opp Fund(G)

0.303

4.22%

0.085

0.57

SBI-ETF Gold

-0.602

-5.85%

0.262

-0.31

SBI-ETF Nifty 50

–

–

–

–

SBI-ETF Nifty Bank

–

–

–

–

SBI-ETF Nifty Next 50

–

–

–

–

SBI-ETF Sensex

0.233

1.13%

0.032

0.98

Debt Funds

A debt fund is a type of mutual fund which predominantly invests in fixed-income securities such as government securities, corporate bonds, certificate deposit and other money market instruments. According to the Income Tax Act, any fund which invests less than 65% of its total assets in equities is termed as a debt fund. You can read more about debt funds here.

Trailing Returns of All Debt SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Return

3 Year Return

5 Year Return

SBI Banking and PSU Fund(G)

6.05%

7.07%

8.07%

SBI Credit Risk Fund(G)

4.49%

7.52%

8.72%

SBI Dynamic Bond Fund(G)

1.69%

6.98%

7.86%

SBI ETF 10 Year Gilt

-0.47%

–

–

SBI Liquid Fund(G)

7.13%

7.16%

7.82%

SBI Magnum Constant Maturity Fund(G)

5.70%

8.52%

9.39%

SBI Magnum Gilt Fund(G)

0.89%

7.07%

9.49%

SBI Magnum Income Fund(G)

1.97%

6.97%

7.77%

SBI Magnum Low Duration Fund(G)

6.66%

7.33%

8.03%

SBI Magnum Medium Duration Fund(G)

4.03%

8.45%

9.69%

SBI Magnum Ultra Short Duration Fund(G)

7.40%

7.29%

7.90%

SBI Overnight Fund(G)

6.08%

6.27%

7.11%

SBI Savings Fund(G)

6.30%

7.15%

7.81%

SBI Short Term Debt Fund(G)

4.14%

6.85%

7.82%

Rolling Returns of All Debt SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Rolling

3 Year Rolling

5 Year Rolling

SBI Banking and PSU Fund(G)

6.04%

6.98%

7.99%

SBI Credit Risk Fund(G)

4.45%

7.47%

8.61%

SBI Dynamic Bond Fund(G)

1.54%

7.09%

8.08%

SBI ETF 10 Year Gilt

-0.90%

–

–

SBI Liquid Fund(G)

7.04%

7.04%

7.69%

SBI Magnum Constant Maturity Fund(G)

4.85%

8.23%

9.23%

SBI Magnum Gilt Fund(G)

0.56%

7.15%

9.78%

SBI Magnum Income Fund(G)

1.78%

7.06%

7.98%

SBI Magnum Low Duration Fund(G)

6.60%

7.22%

7.92%

SBI Magnum Medium Duration Fund(G)

3.96%

8.53%

9.87%

SBI Magnum Ultra Short Duration Fund(G)

7.31%

7.17%

7.77%

SBI Overnight Fund(G)

6.00%

6.16%

7.00%

SBI Savings Fund(G)

6.24%

7.04%

7.69%

SBI Short Term Debt Fund(G)

4.06%

6.78%

7.81%

5-Year Financial Ratios of All Debt SBI Mutual Fund Schemes

Mutual Fund Scheme

Sharpe Ratio (5Y)

Jensen’s Alpha (5Y)

Treynor Ratio (5Y)

Beta (5Y)

SBI Banking and PSU Fund(G)

-0.758

-0.16%

-0.113

0.046

SBI Credit Risk Fund(G)

0.085

1.03%

0.009

0.129

SBI Dynamic Bond Fund(G)

-0.207

1.70%

-0.022

0.331

SBI ETF 10 Year Gilt

–

–

–

–

SBI Liquid Fund(G)

-2.722

-0.65%

-0.752

0.010

SBI Magnum Constant Maturity Fund(G)

0.438

1.82%

0.052

0.152

SBI Magnum Gilt Fund(G)

0.193

4.10%

0.020

0.444

SBI Magnum Income Fund(G)

-0.276

1.24%

-0.030

0.281

SBI Magnum Low Duration Fund(G)

-1.107

-0.28%

-0.157

0.036

SBI Magnum Medium Duration Fund(G)

0.399

2.34%

0.060

0.181

SBI Magnum Ultra Short Duration Fund(G)

-2.450

-0.58%

-0.639

0.011

SBI Overnight Fund(G)

-4.090

-1.29%

-1.112

0.013

SBI Savings Fund(G)

-1.467

-0.45%

-0.195

0.041

SBI Short Term Debt Fund(G)

-0.580

0.17%

-0.062

0.127

Hybrid Funds

A hybrid fund, earlier known as balanced fund, is a mutual fund which invests in two or more asset classes e.g. equity, debt, gold, etc. You can read more about hybrid funds here.

Trailing Returns of All Hybrid SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Return

3 Year Return

5 Year Return

SBI Arbitrage Opportunities Fund(G)

6.49%

6.03%

6.94%

SBI Debt Hybrid Fund(G)

-3.29%

5.83%

8.66%

SBI Dynamic Asset Allocation Fund(G)

7.31%

9.42%

–

SBI Equity Hybrid Fund(G)

-1.49%

8.28%

15.59%

SBI Equity Savings Fund(G)

-0.80%

6.34%

–

SBI Magnum Children Benefit Plan

2.63%

13.11%

15.86%

SBI Multi Asset Allocation Fund(G)

0.57%

6.38%

9.23%

Rolling Returns of All Hybrid SBI Mutual Fund Schemes

Mutual Fund Scheme

1 Year Rolling

3 Year Rolling

5 Year Rolling

SBI Arbitrage Opportunities Fund(G)

6.28%

5.92%

6.81%

SBI Debt Hybrid Fund(G)

-3.86%

5.90%

8.84%

SBI Dynamic Asset Allocation Fund(G)

7.95%

9.83%

–

SBI Equity Hybrid Fund(G)

-3.60%

8.71%

15.77%

SBI Equity Savings Fund(G)

-1.32%

6.40%

–

SBI Magnum Children Benefit Plan

1.32%

13.49%

16.08%

SBI Multi Asset Allocation Fund(G)

-0.08%

6.41%

9.19%

5-Year Financial Ratios of All Hybrid SBI Mutual Fund Schemes

Mutual Fund Scheme

Sharpe Ratio (5Y)

Jensen’s Alpha (5Y)

Treynor Ratio (5Y)

Beta (5Y)

SBI Arbitrage Opportunities Fund(G)

-2.960

-1.53%

-1.545

0.011

SBI Debt Hybrid Fund(G)

0.015

0.61%

0.001

0.411

SBI Dynamic Asset Allocation Fund(G)

–

–

–

–

SBI Equity Hybrid Fund(G)

0.694

8.20%

0.075

0.935

SBI Equity Savings Fund(G)

–

–

–

–

SBI Magnum Children Benefit Plan

1.043

7.61%

0.145

0.500

SBI Multi Asset Allocation Fund(G)

0.215

0.88%

0.030

0.208

All the above-mentioned data is as on 31 October, 2018. Source: Pulse Labs

Best SBI Mutual Funds Schemes

SBI Blue Chip Fund

Inception Date: January 14, 2006

Fund Manager: Ms. Sohini Andani (Since 2010)

AUM: Rs. 19, 215 crore

Fund Category: Large Cap

Fund Benchmark: S&P BSE 100 TRI

Expense Ratio: 2.22%

Returns

1 Year

3 Year

5 Year

Trailing Returns

2.25%

9.71%

18.10%

Rolling Returns

5.37%

11.56%

18.79%

Category Average

4.69%

9.47%

15.64%

Benchmark Returns (S&P BSE 100 TRI)

10.97%

12.84%

15.83%

(Data as on September 30, 2018; Source: Pulse Labs)

SBI Bluechip Fund is a relatively aggressive large cap fund with around 80% of its assets invested in large cap stocks, just marginally above the SEBI mandatory minimum requirement of 80%. It holds around 10% of its assets in mid and small cap stocks and the balance 10% in cash/debt respectively. The scheme has outperformed the overall category return in the 3 year period and has outperformed both its category return and benchmark during the 5 year period. This reflects the high-performance potential of the scheme which is being managed by Ms. Sohini Andani since the last 8 years. The scheme has its maximum exposure to the Financial Services sector (31%), followed by Automobiles (11%), and Consumer Goods (10%). The scheme sticks to quality stocks and has HDFC Bank (9%), ITC (5%), and L&T (5%) as its top company holdings. An investor looking for a good large cap fund should go for SBI Bluechip Fund considering the scheme’s impressive long-term performance record and the fund manager’s long association of 8 years with the scheme.

2. SBI Magnum Multicap Fund

Inception Date: September 29, 2005

Fund Manager: Mr. Anup Upadhyay (since 2017)

AUM: Rs. 5,778 crore

Fund Category: Multi Cap

Fund Benchmark: S&P BSE 500 TRI

Expense Ratio: 2.42%

Returns

1 Year

3 Year

5 Year

Trailing Returns

1.46%

11.67%

21.38%

Rolling Returns

4.26%

14.15%

22.41%

Category Average

2.01%

10.12%

18.53%

Benchmark Returns

(S&P BSE 500 TRI)

7.43%

12.64%

17.04%

(Data as on September 30, 2018; Source: Pulse Labs)

SBI Magnum Multicap Fund is an aggressive multi cap fund with just 56% allocation to large cap stocks. It has as much as 21% in mid caps and 15% in small caps. In order to offset the relatively high mid and small cap exposure, the fund has accumulated a cash buffer of 8%. The scheme has outperformed its category average during both the 3 year and 5 years periods, along with beating its benchmark return during the 5 year period. The scheme’s maximum exposure is towards the Financial Services (30%), followed by Consumer Goods (12%), and the Energy sector (10%). The top company holdings of the scheme are Infosys Limited (8%), HDFC Bank (6%), and ITC (5%). The scheme is a good choice in the multicap category considering its long term performance and its fund manager Mr. Anup Upadhyay’s vast total experience amounting to more than 13 years.

SBI Small Cap Fund

Inception Date: September, 2009

Fund Manager: R. Srinivasan

AUM: Rs. 1067.06

Fund Category: Small Cap Equity

Fund Benchmark: S&P BSE SmallCap (TRI)

Expense Ratio: 2.74%

Returns

1 Year

3 Year

5 Year

Trailing Returns

1.41%

17.19%

32.96%

Rolling Returns

8.57%

21.18%

35.81%

Category Average

-1.19%

14.82%

28.55%

Benchmark Returns (S&P BSE Small Cap Index TRI)

-1.80

10.92%

9.29%

(Data as on September 30, 2018; Source: Pulse Labs)

SBI Small Cap Fund features a relatively low AUM among small cap schemes managed by India’s leading fund houses, but its long term performance is definitely at par with the performance of its more popular peers. The 5 year returns of this scheme are nothing short of stellar at over 32% as of 13th November 2018 which indicates double digit outperformance of the benchmark (S&P BSE Small Cap TRI) which posted returns of close to 21% for the same period. True to its small cap scheme label, SBI Small Cap Fund has maintained its small cap allocation at levels close to 70% of assets over the past year. However, in the past few months, the scheme has reduced its small cap allocation to just over 68% of assets as compared to the 86% allocation recorded in March 2018. In terms of sectoral weightage, SBI Small Cap Fund has invested close to 19% of assets in the FMCG segment, followed by the financial (14.77%), engineering (13%) and services (9%). This sector-wise allocation could possibly indicate that the fund manager is betting heavily on higher future domestic consumption which is expected to pick up significantly as India’s economy continues to grow.

SBI Short Term Fund

Inception Date: July, 2007

Fund Manager: Rajeev Radhakrishnan

AUM: Rs. 6513.25 crore

Fund Category: Short Duration Fund

Fund Benchmark: CRISIL Short Term Bond Fund Index

Expense Ratio: 0.92%

Returns

1 Year

3 Year

5 Year

Trailing Returns

3.97%

6.82%

7.93%

Rolling Returns

3.85%

6.77%

7.77%

Category Average

3.36%

6.50%

7.84%

Benchmark Returns (CRISIL Short Term Bond Fund Index)

4.24%

7.03%

8.21%

(Data as on September 30, 2018; Source: Pulse Labs)

SBI Short Term Debt Fund has been around for more than a decade and this veteran scheme from SBI Mutual Fund has weathered multiple large and small crises in global and domestic markets. In terms of its investment style, the scheme’s relatively conservative approach to debt investments is evident from the high exposure to high grade AAA rated and equivalent securities that account for an estimated 80% of the scheme’s portfolio along with an additional 9% of assets invested in equally high quality domestic government securities as of September 2018. Relatively lower quality and potentially higher accrual AA rated (and equivalent) debt securities feature a relatively minor allocation in this scheme’s portfolio accounting for only around 8% of total scheme assets as of September 2018. Cash/cash equivalent investments of the scheme accounted for the remaining 3% of scheme assets as of September 2018.

Individual securities that were assigned the highest weight in SBI Short Term Debt Fund portfolio in September 2018 were HDFC (9% of assets), Power Finance Corporation (8% of assets) and Indian Railway Finance Corporation (7% of assets as of September 2018). The scheme featured a yield to maturity of 8.57% in September 2018, which is among the lowest in the category and indicates the high quality of instruments that this scheme is invested in. The average portfolio maturity of this short term debt scheme from SBI Mutual Fund was recorded at 1.70 years which is slightly higher than the category average and indicates potentially higher interest rate sensitivity as compared to peers. The 1 year, 3 year and 5 year returns of this SBI debt fund were recorded at 4%, 7% and 8% respectively (as of September 2018) which shows that the scheme has managed to keep pace with the benchmark (CRISIL Short Term Bond Fund Index) even though it hasn’t managed to show outperformance across different investment periods. CRISIL Short Term Bond Fund Index had posted returns of 4%, 7% and 8% for the 1 year, 3 year and 5 year periods as of September 2018. This is the key reason why though the scheme might not be favored by risk tolerant aggressive investors, the SBI Short Term Debt Fund may be suitable for conservative debt scheme investors who favor high quality potentially low risk debt investments that offer optimal returns across various investment tenures.

Invest Online in SBI Mutual Funds via Paisabazaar.com

Step 1: Visit Paisabazaar.comStep 2: Click on the ‘Mutual Fund’ option.Step 3: Create an account. Or if you are a registered user, login onto the platform using your mobile number and password/OTP.Step 4: Now, select Invest > Explore All Funds on the left side bar. A list of all the funds will get displayed.Step 5: Select the SBI fund of your choice. All the fund details including NAV, risk level, etc. will appear.Step 6: Enter your investment amount, select investment type – SIP or lumpsum, and click on ‘Confirm & add to cart’ button.Step 7: You can complete your payment using net banking of major Indian banks.

Your mutual fund units will be allotted to you within 5 working days at the applicable net asset value (NAV) of the fund.